Level 5

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ERROR F1040-034-08

Forum|Forum|1 year ago
March 17, 2025
5 replies
19 views

When electronic filing I am receiving a reject message f1040-034-08 with the following advice:

Review the amount that appears on Form 1040, Federal Income Tax Withheld From Forms W-2, 1099, etc.. This amount must be equal to the sum of federal tax withheld as shown on any of the following forms: Form W-2, Form W-2G, Form 8959, any Form 1099,Form RRB 1042-S, Form SSA 1042-S and any other source of withholding.

I have reviewed the source docs and data entry and it matches. My sense is this is a false error but not sure where to go from here.

Any advice is appreciated.

ProSeries Basic

This topic has been closed for replies.

Best answer by Youngstax

I moved the fed w/h from the 1099div form to a 1099r form that was on the return and then completed a preparer note explaining what was done. The return was accepted. Hopefully we don't get a letter about it in the future.

IRonMaN

Level 15

What forms is the withholding being generated from?

Slava Ukraini!

J

JML222Author

Level 5

1099-INT, 1099-R, SSA-1099

I am suspecting the 1099-INT withholding as an issue.

IRonMaN

Level 15

Someone else mentioned issues with interest and dividend withholding. Try putting it on the tax payments worksheet.

Slava Ukraini!

J

JML222Author

Level 5

UPDATE: I removed the 1099-INT ($52) and submitted the return and it went thru without error. Concluding the issue is in the Sched B interest income. While the totals are accurate the reading of the totals by the IRS (I assume) is not accurate.

Now to amend the return and include the Interest Income. I assume I'll get the same error if I file an amended electronically so printing and mailing might be the option.

J

JohannaF

Level 2

Anyone find a work around for this yet?

J

JohannaF

Level 2

I am going to try putting it on the tax payments worksheet on line 18a and give it a whirl.

J

JML222Author

Level 5

I submitted an amended return with just the 1099INT withholding on the amended return. It was rejected. I called tech support, they said try it again. I did and it was accepted. When asked what they did, they said nothing. Still at a loss if the issue is fixed or not.

A

Anonymous

Hi all, thanks for the details. We're investigating this rejection code and will keep you updated if any action is needed on your part.

Y

Youngstax

Level 2

Thank You! I spent a lot of time with tech support trying to explain that this is a Proseries issue not reporting the withholding correctly from the 1099DIV. There answer was just print it out and mail it in.

J

JML222Author

Level 5

Appreciate your diligence!

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